Business
AbraSilver Discovers Significant New Copper-Gold-Molybdenum Porphyry System at the La Coipita Project in San Juan, Argentina
(TheNewswire) Initial Drill Hole Returned Broad Zones of Porphyry Mineralisat...
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"AbraSilver Discovers Significant New Copper-Gold-Molybdenum Porphyry System at the La Coipita Project in San Juan, Argentina\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Initial Drill Hole Returned Broad Zones of Porphyry\nMineralisation Including 226 Metres of 0.43% CuEq and 146 Metres of\n0.30% CuEq\n \n \n \n \n \n \n \n Toronto –\n \n \n \n \n TheNewswire -\n \n \n \n \n June 28, 2022:\n \n \n \n \n AbraSilver Resource Corp.\n(TSXV:ABRA\n \n \n \n \n )\n \n \n \n \n ;\n \n \n \n \n (\n \n \n \n \n OTC:ABBRF)\n \n \n \n \n (\"AbraSilver\" or the “Company”)\n \n \n \n is pleased to announce the discovery of a\nsignificant new copper-gold-molybdenum porphyry system at its La\nCoipita project (the “Project”) located in the San Juan province\nof Argentina.\n \n \n \n \n The Company has an option agreement to acquire a 100%\ninterest in the Project which encompasses a large area, totaling\napproximately 70,000 hectares,\n \n \n within the\nMiocene porphyry-epithermal belt of Argentina and Chile\n \n \n (see\n \n \n \n \n Aug. 17, 2021, news\nrelease\n \n \n \n \n ).  The Company’s maiden\ndrill campaign at La Coipita consisted of two initial deep holes to\ntest a potential large copper-gold-molybdenum porphyry target.  Based\non the successful results, additional drilling is now being planned\nfor the upcoming field season, which is expected to start in\nlate-September 2022.\n \n \n \n \n Highlights include:\n \n \n \n \n \n \n Hole\n \n \n DDHC 22-002\n \n \n : intersected a continuous copper-gold porphyry zone of\n \n \n 226m grading 0.43% CuEq\n \n \n marking a significant new discovery on the project.\n \n \n \n \n \n \n Mineralisation remains open at depth, as the hole ended\nwithin a separate interval of\n \n \n 146m of 0.30%\nCuEq\n \n \n down to a depth of approximately\n1,200m.\n \n \n \n \n \n \n Porphyry style mineralisation was encountered within\nthe host rocks believed to be adjacent to the central porphyry\nintrusive progenitor, which has not yet been intersected.\n \n \n \n \n \n \n \n \n Hole\n \n \n DDCH 22-001\n \n \n intersected high sulphidation mineralisation with multiple\nhigh-grade narrow zones of copper and gold veining.\n \n \n \n \n \n \n Drill results were targeted at a surface geochemistry\npattern interpreted as being a reflection of an underlyin...